What Is Dumpster Diving

question 36

Multiple Choice

What is dumpster diving?

• A) An activity where fraudsters use an information storage device to gain access to valuable information
• B) An activity where a perpetrator will try to build a relationship of confidence with the victim
• C) An activity where criminals watch consumers from a nearby location as they give credit card or other valuable information
• D) An activity where fraudsters rummage through consumers' trash

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Definitions:

Autonomous Consumption

The level of consumption that occurs when income is zero; it is the base level of spending that must occur even if an individual has no income.

Total Consumption

The aggregate amount of goods and services consumed by individuals or entities within a particular economy.

Savings Rate

The savings rate is the proportion of disposable income that is saved by households rather than spent on consumption.

Conspicuous Consumption

The spending of money on and the acquisition of luxury goods and services to publicly display economic power or social status.